EU ETS free allocation should be “better targeted” to reflect climate goals, auditors say

Published 13:30 on September 15, 2020  /  Last updated at 01:17 on September 16, 2020  /  Carbon Taxes, CBAM, EMEA, EU ETS  /  No Comments

The current system of free allocation of EU carbon allowances should be “better targeted” in light of the bloc’s net zero 2050 emissions goal and the enhanced ambition for 2030, the EU’s auditing body said.

The current system of free allocation of EU carbon allowances should be “better targeted” in light of the bloc’s net zero 2050 emissions goal and the enhanced ambition for 2030, the EU’s auditing body said.

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